USL exits United Breweries with Rs 872-cr stake sale

Diageo-controlled United Spirits (USL) has exited from Vijay Mallya-led United Breweries by selling its entire 3.21 per cent stake in the company for Rs 872 crore. United Spirits sold its stake to Heineken International BV at a price consideration of Rs 1,030 per share, United Spirits said in a BSE filing.